Rules of "Kick-Off Bonus"

1. General Rules

1.1. “Kick-Off Bonus Promo” (hereinafter referred to as “the Promo”) shall be conducted within the period from 14:00 UTC on February 15, 2024, until 23:59 UTC on April 19, 2024 (“the Promo Period”).

1.2. The organisation and conduct of the Promo, as well as the participation therein, shall be governed by the terms and conditions of the present rules (“the Rules”) and the Nexo Services General Terms and Conditions, the Nexo Exchange Service General Terms and Conditions, the Nexo Earn Interest Product General Terms, the Nexo Crypto Credit General Terms and Conditions and the Nexo Card General Terms and Conditions (“General Terms”), available on the Nexo Platform.

2. Right of Participation

2.1. Clients, who comply with the Rules and the General Terms, have not previously opened a Nexo Account and are not (i) citizens or residents of the USA, or (ii) residents of Canada, UK, or any other jurisdictions where we have restricted our services, can participate in the Promo (separately referred to as “Participant”, and collectively as “Participants”).

2.2. By participating in the Promo, every Participant declares full and unconditional consent to the Rules and agrees to accept as final and binding all Nexo’s decisions with regard to the Promo.

3. Mechanism

3.1. To be eligible for a Reward, as defined below, the Participant must interact with the Nexo Platform through at least one of the following eligible аctions before the end of the Promo Period:

3.1.1. create at least one Fixed Term, where the total amount shall be equivalent to at least USD 50;

3.1.2. take at least one Nexo Crypto Credit;

3.1.3. reach an exchange transaction volume equivalent to at least USD 100 in Digital Assets;

3.1.4. initiate at least one Nexo Card purchase, regardless of whether it's made under the credit or the debit mode.

3.2. For the purpose of Art. 3.1.2. utilising the Nexo Booster or Nexo Futures Product shall not be considered eligible actions. For the purpose of Art. 3.1.3. Futures Transactions executed on the Nexo Platform and top-ups of Digital Assets with a debit or credit card on the Nexo Platform do not count toward the volume.

3.3. Each transaction is taken into consideration based on the USD value indicated in the Nexo Account and the Nexo Crypto Credit based on the USD value at the time of its granting. Top-ups from other Nexo Accounts and actions taken on the Nexo Pro Platform will not be eligible for participation in either of the eligible actions.

4. Rewards

4.1. Subject to fulfilling all requirements stated in Article 3, the Participant is eligible to receive 0.0001 Bitcoin (BTC) (“Reward”), which shall be transferred to their Nexo Account. The distribution of Rewards shall continue until the allocated prize pool, as indicated on the Nexo Platform is fully exhausted or the Promo Period ends.

4.2. ​​All Rewards under Art. 4.1 will be paid out by May 2, 2024. Nexo devotes significant effort to ensuring that payouts under the preceding sentence will be processed within the above terms. However, due to technical issues or unforeseen events, processing may take a longer time, for which Nexo cannot be held liable.

4.3. Requests for cash or another reward substitution and requests for transfer or assignment of the reward to third parties shall not be allowed nor considered by Nexo.

5. Rights Reserved by Nexo

5.1. Nexo reserves the right, at its sole discretion, to cancel, terminate, modify or suspend the Promo should virus, bug, non-authorized human intervention, fraud, or other cause beyond Nexo’s control corrupt or affect the administration, security, fairness, or proper conduct of the Promo.

5.2. Nexo reserves the right, at its sole discretion, to disqualify, revoke or deny the Promo’s Reward, block access to products, or exclude from future promotional offers any client who tampers or attempts to tamper with the entry process or the operation of the Promo, including but not limited to engaging in dishonest or abusive activities, bulk-account registrations to obtain additional Rewards, using the same top-up/withdrawal addresses or generate activity from the same IP address and any other activity that is unlawful, fraudulent, or harmful or such that violates the Rules or the General Terms. Nexo has the right, at its sole discretion, to maintain the integrity of the Promo, including, but not limited to, the use of bots, macros, scripts, or other technical means for entering. Any attempt by a Participant to undermine the legitimate operation of the Promo may represent a violation of criminal and civil laws. Should such an attempt be made, Nexo reserves the right to seek damages to the fullest extent permitted by law.

6. Others

6.1. Nexo, at its sole discretion, at any time during the Promo Period or otherwise, can amend the Rules.

6.2. Any notice required or made under these Rules by any Participant to Nexo shall only be made via e-mail in English to [email protected]. Any notice required or made under these Rules from Nexo to any Participant shall be considered validly received when addressed to the Participant’s last provided email address, mailing address or phone number.

6.3. Nexo shall have no liability for any Participant’s failure to receive notices therefrom regarding the Promo due to spam, junk e-mail or other security settings or any Participant’s provision of incorrect or non-functioning contact details. If a Participant cannot be contacted or is ineligible, Nexo, at its sole discretion, may invalidate any Reward under Art. 4.

6.4. All relations between Nexo and the Participants will be governed by the present Rules, the General Terms and the Applicable Law, as defined by the General Terms.

6.5. By entering the Promo, the Participants declare that they have reviewed, accepted, and consented to all terms and conditions of the Rules.